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Bollinger Bands - Technical Analysis Indicator - Stock, Futures, Option Traders

Bollinger Bands is a heavily used technical analysis indicator by stock, futures, and even option traders. To begin, Bollinger Bands consist of:

Moving Average
Lower Band
Upper Band

The moving average, typically 20 periods, forms the center of the Bollinger Band. The upper Bollinger Band is two standard deviations above the moving average line and the lower Bollinger Band [...]

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